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$VELVET | 1H | Breakout Retest
Bias: Long
Entry Zone: 0.548 to 0.572
Stop Loss: 0.512
Targets:
TP1: 0.585
TP2: 0.605
TP3: 0.650
Invalidation:
Close below 0.542
Why This Setup:
I see a strong 1H bullish structure with higher lows and a fresh reclaim of the 0.56 breakout area. I want continuation as long as price holds above that reclaimed level and keeps defending the recent higher-low zone.